Bitcoin (BTC) Price Analysis - August 8

First Bitcoin can be purchased on the following cryptocurrency exchanges: Livecoin. BTC even briefly fell to the $6,100 price level but quickly moved up slightly above the $6,300 price mark.

The Bitcoin marketplace is evaluating various high quality trading options and opportunities in all around the world and you can also have such benefits very nicely. The general sentiment in the market is that the lack of a Bitcoin ETF leaves many unanswered questions as to the future of the cryptocurrency industry.

The Bitcoin price lost over $500 over the past few hours, plummeting from $7,000 to its current level just above $6,500. It dropped below $6,000 at the end of June - its lowest value all year, according to Coindesk.

XRP (XRP) traded 8.9% lower against the dollar and now trades at $0.38 or 0.00005661 BTC.

The total cryptocurrency market has lost more than $20 billion over the past 24 hours. We're still gathering data and deciding on our level of support for XRP, ' said Mr. Goltra in a statement.

While Bitcoin's price continues to dip, although only a part of a percentage over the last 24 hours, other major coins have taken big hits.

In addition, Ali Hassan, one of three cofounders of U.S. asset manager Crescent Crypto, said he believes that the U.S. Securities and Exchange Commission (SEC) could approve a Bitcoin (BTC) Exchange-traded fund (ETF) within the next 18 months. The top currency swapped for BCH today is tether (USDT) with 54 percent of today's BCH trades.

Ripple price followed bitcoin's and Ethereum's path to move into a bearish zone against the US Dollar. Tether is followed by BTC (26%), Dollars (10.9%), QC (2.2%), and ETH (2.1%).

DECENT (DCT) traded 0.6% lower against the dollar and now trades at $0.25 or 0.00003558 BTC. Now the 100MA and 200MA gap is much smaller on the BCH/USD 4-hour chart and it looks like the two may cross hairs soon.

Looking at the chart, BCH price is slowly recovering, but it won't be easy for buyers to push the price above $610 in the near term. On the downside, a break below $0.3198 may well clear the path for more losses towards the $0.3000 and $0.2800 support levels. "I think people are afraid it is going to go back down to $6,000 and never come back from those bear markets".